Vietjet has reported “robust” third-quarter earnings marked by steady growth momentum in both revenue and profit.
The Vietnamese low-cost carrier generated VND 16.7trn ($636 million) in total revenue and a pre-tax profit of VND 393bn ($14.9 million) during the quarter.
Year to date, the company posted an air transport revenue of VND 52.3trn ($1.98 billion) and a pre-tax profit of VND 1.9trn ($75.5 million) - the latter rising 28% over the same period last year.
Consolidated revenue for the first nine months was VND 52.7trn ($2bn) and profit rose 17% to VND 2trn ($77.9 million).
Ancillary revenue for the first nine months was VND 6.893trn ($261.8 million), an increase of 19%. This accounted for 41% of total air revenue.
As of September 30, 2025, Vietjet operated 219 routes, including 169 international and 50 domestic routes.
By the end of the first nine months, Vietjet had carried 21.5 million passengers with a fleet of 98 aircraft.
Load factor stood at 86% and technical reliability reached 99.72%.
Vietjet’s board of directors has approved a 20% stock dividend plan alongside an issuance of 118.3 million shares, with a total nominal value of VND 1.18trn ($44.93 million).
Last week, as covered by Airline Economics, Vietjet announced two major investments as part of its fleet modernisation programme.
The company has entered a $3.8bn agreement to purchase 92 Trent 7000 engines from Rolls-Royce, with comprehensive maintenance support through TotalCare.
It has also signed an agreement with Airbus for 100 A321neo aircraft.